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Tangawizi

GBP/CHF Short

Short
British Pound / Swiss Franc (FX:GBPCHF)  
Tangawizi Updated   
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis
5
0
trendanalysis
Price broke support. That area is now acting as resistance and price is being rejected. Rejection is also at the 0.5 Fib level. My first target is at 1.20 and the second target is at 1.19

Feel free to leave your thoughts and idea below :)
Comment:
I've adjusted my stop loss so I haven't been stopped out. Price is retesting the trendline right now.
Trade closed: stop reached:
Strong bullish move upward.
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